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Approve the disposal of the Council’s freehold interest in 3-5 Coldham Lane, Cambridge to Railpen for £1.3m
To delegate authority to the Director of Economy & Place or Chief Property Surveyor to finalise terms of disposal.
Decision type: Key
Reason Key: Expenditure > £500,000;
Decision status: For Determination
Notice of proposed decision first published: 22/09/2026
Decision due: 20 Oct 2026 by Cabinet
Lead director: Director of Economy and Place
Contact: Lynne Miles, Director of Economy and Place Email: Lynne.Miles@cambridge.gov.uk.
Additional Information: Officer report; Asset Management Plan – General Fund – 2023/24 - 2033/34. Cheffins valuation advice 26/02/2025 and 22/03/2026.
